Big O Tires Auto
New
For Sale
$3,000,000
121 N River Blvd, Sevierville, TN 37876
The automotive property is located in Sevierville, Tennessee.
Property Size6,960 SF
Price / SF$431.03
Days on Market1
Property Features for 121 N River Blvd
General Information
Standard status
Active
Size
6,960 SF
Property subtype
Auto Parts
Lease Type
NNN
Additional Details
Cap Rate
6%
Amenities
Long-Term NNN Lease
Big O Tires | National Automotive Service Brand
2023 Construction | Purpose-Built Automotive Facility
Building Details
Building Size
6,960 SF
Listed By:
Jack O'Neill · License #License(s): TN: 375707
(615) 997-2880
Source:
Marcusmillichap
Added: Oct 16
Last Checked: Oct 16 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack O'Neill
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Investment Insights
Based on property information with market context.
This auto shop property associated with Big O Tires is located at 121 N River Blvd in Sevierville, Tennessee 37876.
Key Highlights
- Big O Tires property at 121 N River Blvd, Sevierville, TN 37876
- Classified as an auto shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,153
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,703,060
$1.7M
Cap Rate 7%
$1,216,471
$1.2M
Cap Rate 9%
$946,144
$946.1K
Market Conditions
NOI Build-Up for 6,960 SF
Gross rent
$125.3K $18.00/SF
− Vacancy
−$3.6K −$0.52/SF
EGI
$121.6K $17.48/SF
− OpEx
−$36.5K −$5.24/SF
NOI
$85.2K $12.23/SF
Area
Sevier County, TN
Vacancy
2.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,703,060
Cap Rate 7%
$1,216,471
Cap Rate 9%
$946,144
Alternative Uses
Best Use
Retail
$1.22M
$1.06M – $1.42M
NOI $85,153 @ 7.0% cap · market cap 2.84%
Second Best
Industrial
$958.1K
$838.4K – $1.12M
NOI $67,070 @ 7.0% cap · market cap 2.24%
Theoretical Best
Office A
$2.94M
$2.57M – $3.42M
NOI $205,459 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37876, TN
32,866
Population
18,206
Households
1.8
Avg Household Size
45
Median Age
22%
College-Educated
89%
High-School Grad
186.8 sq mi
ZIP Area
176
Density / Sq Mi
$58,513
Median Household Income
$33,603
Median Earnings
$997
Median Rent
$257,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
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- Sevierville Auto Refinish, Inc. Paint Body Shop — Sevierville, TN 37862
- W & C's Tires — 322 Parkway, Sevierville, TN 37862
- Smoky RV Repair — 19 E Main St, Pigeon Forge, TN 37862
Frequently Asked Questions
What type of property is this?
Auto shop - The automotive property is located in Sevierville, Tennessee.
Where is this auto shop located?
The property is located at 121 N River Blvd Sevierville, TN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Big O Tires property at 121 N River Blvd, Sevierville, TN 37876; Classified as an auto shop
